News

PEPE’s Rollercoaster Ride: 13% Drop Post Rally, Holders Still Profit

  • PEPE outshines competitors with a 90% return, making 96% of holders profitable.
  • PEPE’s rapid price surge, up by 116% in 24 hours and 300% in 90 days, garners investor interest.
  • Despite a 13% drop post-rally, PEPE maintains market strength with bullish projections and robust trading volume.

Despite a slight decline in its value, PEPE has asserted its dominance among meme coins. Holders of PEPE tokens have every reason to rejoice, with a remarkable 90% return this month propelling a staggering 96% of them into profitable territory.

Read CRYPTONEWSLAND on google news

The surge in PEPE’s value over the past month has been truly remarkable, significantly contributing to its overall success. Soaring by 116% within the last 24 hours and an impressive 300% over the preceding 90 days, PEPE has captured the attention of both experienced investors and newcomers alike. Nonetheless, amidst this remarkable ascent, PEPE encountered a minor setback, experiencing a nearly 13% drop in its value following a monumental rally that saw it achieve a new all-time high.

Currently trading at an average price of $0.0000145, PEPE remains a formidable presence in the crypto market, boasting a market cap of $6.12 billion and a 24-hour trading volume of $2.33 billion. Despite the recent downturn, optimism prevails, with CoinCodex’s price projection hinting at a potential 226.50% surge for PEPE, reaching $0.00004815 by the conclusion of June 2024. Technical indicators suggest a neutral sentiment, while the Fear & Greed Index stands at 73, indicating a bias towards greed.

While PEPE enjoys its moment in the spotlight, other prominent meme coins like Dogecoin (DOGE) have also witnessed significant gains, with a 30% price increase over the past 90 days. However, despite DOGE’s respectable performance, it remains overshadowed by the illustrious PEPE.

Read also:

Bhea Lacsamana

Bhea is a fintech journalist specializing in crypto, with a unique blend of roles as a content creator, anthropologist, and qualitative researcher. Her articles dive into both financial technology and cultural traditions, reflecting her diverse interests. Catch her immersed in a book where her love for learning thrives.

Recent Posts

New SOL ATH Expected in Q3 as Solana Memecoins Outperform Ethereum’s Best Performers

VanEck and 21Shares filed for spot Solana ETFs, boosting SOL by 11% to $150! Solana…

15 mins ago

BlockDAG Levels Up: X1 Miner’s Latest Update Nets $55.2M in Crypto Cash!

Explore #BlockDAG's recent #DevUpdate61, which highlights crucial enhancements to the #X1Minerapp and drives a $55.2M…

60 mins ago

Solana’s Memecoin Platform Generates $1.99 Million Surpassing Ethereum and Setting New Records

Pump.fun on Solana outpaced Ethereum with $1.99M in fees on July 1, marking a new…

2 hours ago

Forget Waiting, Start Earning: MoonBag Staking Rewards with 88% APY

Start earning 88% APY with #MoonBagstaking rewards. Lock your coins during the presale and watch…

3 hours ago

Best Cryptos to Reach $1 Milestone: BlockDAG, Dogecoin, Tron, Chainlink, And XRP

Dive into the journey of the best cryptos like #BlockDAG and #Dogecoin as they vie…

3 hours ago

How BlockDAG Offers Investors Massive Returns: 1300% Price Surge & $55.2M Presale Amid Stacks’ Crash and Arweave’s Growth

Discover how #BlockDAG's impressive $55.2M presale and 1300% price surge redefine investing amid the #Arweavepriceprediction…

5 hours ago